Financial Supply Chain Management

24 Feb

Posted at 11:25h in AP Automation, Dynamic Discounting, e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Supply Chain Finance by
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Today, we're delighted to welcome a guest post from Lars Rolf Jacobsen - Financial Solutions Manager at Tradeshift. Size matters. Throughout history, it has always been the case that the bigger company in a relationship has all the power. And financial transactions are no exception to this rule. But the rise of the internet has leveled the playing field in some aspects of business. Now, any small company can use Skype to communicate for free with suppliers and buyers across the world. Whole workforces can be recruited and managed through the web, meaning that talent is cheaper and easier to control. And with e-commerce, any company can market and sell a product to a global audience.

17 Feb

Posted at 11:29h in AP Automation, Dynamic Discounting, e-invoicing, Electronic Invoicing, Financial Supply Chain Management by
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Let's get something straight at the outset. I'm not about to suggest that users of e-invoicing networks will want to use them to play Farmville. But what I can see is that the transactional platforms will become free to use as service providers offer other value added services and I want to explain why.

04 Jan

Posted at 15:14h in AP Automation, Dynamic Discounting, e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Purchase to Pay, Purchase to Pay Process by
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Ready for the new year, Patrick Harbin has published and amazing 50 ways to reduce costs in accounts payable.  They say about new year’s resolutions that you should ensure they are achievable so for those that think 50 major change management  programs in one year - that’s 1 per week – is a little too much, you might want to consider the first 5 because we think the first 5 are the best 5.

09 Dec

Posted at 10:38h in Dynamic Discounting, Financial Supply Chain Management by
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There a a few eye-catching headlines that sell the benefits of dynamic discounting. "36% return on capital" for example is pretty eye catching but how does dynamic discounting really work in practice and how do you work out if it is beneficial to take say a 2% discount for payment in 10 days rather than 45? Being familiar with the value of payment terms and how to calculate it is an important sourcing skill but it is essential when trying to understand the value of dynamic discounting.

14 Oct

Posted at 15:33h in e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Supply Chain Finance by
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Tradeshift are an enigma. Their revenue model may have you perplexed. Their tagline "Shift Happens" might raise an eyebrow and their animation for the launch of their Instant Payment offering - well is isn't exactly Pixar. But don't let it fool you. Behind the enigmatic facade of Tradeshift is a brave business model - a business model that is going to fundamentally change the rules of supply chain finance. And this week, I spoke to Tradeshift's charismatic CEO, Christian Lanng, who, in his own words, began to "reveal the riddle that is Tradeshift"

15 Sep

Posted at 05:22h in Dynamic Discounting, Financial Supply Chain Management, Purchase to Pay, Working Capital Management by
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You think purchase to pay is a back office function? e-invoicing is a technical innovation? AP automation an incremental improvement to financial supply chain management? And you wonder why nothing ever gets achieved. P2P is as boring as you make it. The reality is though, that purchase to pay, positioned properly, can deliver commercial benefits on a scale that would astound most executives.

11 Jul

Posted at 14:23h in Ariba Buyer, Financial Supply Chain Management, Procurement Process, Purchase to Pay, Purchase to Pay Process by
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There are few that would disagree that Ariba sits firmly amongst the best in class procurement vendors. Its heritage goes back to the pioneering days of e-procurement and it has continued to innovate successfully ever since, diversifying its portfolio of solutions across the P2P spectrum. But while its procurement credentials are impeccable - the first P - how credible is Ariba at addressing the second P at the payment end of the spectrum?